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Samantha Bought a Refrigerator for Personal Use

Question 25

Multiple Choice

Samantha bought a refrigerator for personal use. If the store where she purchased the refrigerator loaned her the money to make the purchase then:


A) the store's security interest attaches but it is not automatically perfected.
B) the store's security interest does not attach unless Samantha signs a security agreement for the refrigerator.
C) the store cannot accept the same refrigerator as collateral.
D) the store's security interest attaches and is automatically perfected.

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